I agree with you, i think bitcoin regain dominance to reach new equilibrium, what we see is simply a market reajustment, altcoins had a great bullrun, profits are taken, then lack of volume, traders sell to buy back lower, sell side superior than buy, price slowly decline then some stop loss are trigerred, more stop loss are trigerred, panic moovement.
Bitcoin dump less only because less profit has been made on it and the price of bitcoin already consolidate for weeks.
Now altcoins will bounce hard from bottom's, too much oversold.
You are viewing a single comment's thread from:
Good time to buy altcoins with bitcoins?!